FINANCIAL INFORMATION AS A TOOL FOR MANAGEMENT DECISION MAKING (A CASE STUDY OF CHAMPION BREWERIES)

FINANCIAL INFORMATION AS A TOOL FOR MANAGEMENT DECISION MAKING (A CASE STUDY OF CHAMPION BREWERIES)

FINANCIAL INFORMATION AS A TOOL FOR MANAGEMENT DECISION MAKING

(A CASE STUDY OF CHAMPION BREWERIES)

TABLE OF CONTENT

CHAPTER ONE:
INTRODUCTION

1.1 Background of the study

1.2 Problem statement

1.3 Purpose of the study

1.4 Significance of the study

1.5 Study hypotheses

1.6 Scope and Limitations of the Study

1.7 Organization of Study

CHAPTER TWO:

REVIEW OF RELATED AND RELEVANT LITERATURE

2.1 Introduction

2.2 Conceptual Review

2.3 Theoretical Framework

2.4 Empirical Studies

CHAPTER THREE:
RESEARCH METHODOLOGY

3.0 Introduction

3.1 Research Design

3.2 Sources of data collection

3.3 Determination of Population

3.4 Determination of sample size

3.5 Instrumentation

3.6 Instrument Validation

3.7 Adopted Method of Analysis

CHAPTER FOUR:
DATA PRESENTATION, ANALYSIS AND INTERPRETATION

4.1 Introduction

4.2 Data Presentation

4.3 Data analysis

4.4 Data Interpretation

CHAPTER FIVE:
CONCLUSION, SUMMARY, RECOMMENDATION

5.1 Introduction

5.2 Conclusion and Findings

5.3 Summary of the Study

5.4 Recommendation

Bibliography

Abstract

The research is an appraisal of financial information as a tool for management decision making. It provides a conceptual and analytical framework of financial information and its role in management decision making. Champions Breweries, Uyo was selected as the case study for the purpose of this research.

CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

One of important assumptions in decision making process and improvement economy is existence of quality information. Significant number of this information comes from financial information systems and from financial statements. Financial statements should realistically and objectively represent the real business situation of a particular company. This means that final exams are traceable and accurate. In the context of viewing financial statements as decision-making functions, it is important to emphasize that different users need to know how to “read” these financial statements. “Reading” the content of financial statements provides a variety of tools and analytical techniques for understanding your business.

An established management process based on annual closing and financial information is one of the most important prerequisites for a quality company. Decision-making processes require both financial and non-financial information. Finance provides the most important financial information needed in the business decision-making process.

Therefore, it can be said that finance is a service function for management. Essentially, it processes or collects “raw data”, examines it, and transforms it into relevant information in the decision-making process. The basic characteristics of finance are:

1. Collection, processing and presentation of financial (financial) information

2. Company business information

3. Targeting a variety of interested users

A significant amount of this information comes from financial information systems and financial statements. Financial statements should realistically and objectively represent the realistic operating conditions of a particular company. This means that final exams are traceable and accurate. In the context of viewing financial statements as decision-making functions, it is important to emphasize that different users need to know how to “read” these financial statements. “Reading” the content of financial statements provides a variety of tools and analytical techniques for understanding your business. An established management process based on annual closing and financial information is one of the most important prerequisites for a quality company. Financial statements need to be analyzed to improve the use of financial information in the decision-making process. in this context.

Therefore, knowing the current quality level of the company is of great importance in the framework of future corporate management, trying to guarantee the development and presence of the company in the market. Balance sheet analysis is done before the management process, i.e. before the planning process which is part of the management process. Planning is very important for good management. A good financial plan should take into account all the company’s strengths and weaknesses.

The task of financial statement analysis is to identify the company’s strengths so that these advantages can be maximized, but it is also to identify the company’s weaknesses in order to take corrective action. For this reason, company management is arguably the most important user of financial statement analysis. This study aims to examine financial information as a tool for business decision-making, using Uyo’s case study of his Champions Breweries.

1.2 Problem Description

The problem facing this research is examining financial information as a tool for managerial decision-making.

1.3 Purpose of the survey

・Evaluate the nature of financial information

・Determine the nature of management decisions

· Determining the role of financial information in management decision-making at Uyo’s Champions Brewery.

1.4 Validity of research

· Research should analyze the nature and sources of financial information. · This study aims to provide a framework for the use of financial information in management decision-making.

· This study is designed as a case study to evaluate the role of financial information in management decision-making at Uyo’s Champions Breweries.

1.5 Formulation of hypotheses

H0:
Financial information is not material to Champions Breweries, Uyo.

teeth:
Financial information is important to Champions Breweries, Uyo.

H0:
Champions Breweries, Uyo has a low level of financial information. teeth:
Champions Breweries, Uyo has a high level of financial information.

H0:
The impact of financial information on Champions Breweries, Uyo on business decisions is small.

teeth:
Financial information has a large impact on management decisions of Champions Breweries and Uyo.

1.6 Scope of investigation

The study uses Uyo’s Champions Breweries case study to examine financial information as a tool for business decision making.

1.7 Test organization

The research is divided into five chapters. Chapter 1 introduces the research and explains the background of the research. Chapter 2 provides an overview of the relevant literature and relevant literature. Chapter 3 describes the research methodology and Chapter 4 describes the analysis and interpretation of the study data. The study concludes with Chapter 5, which deals with summaries, conclusions, and recommendations.